Letshego Holdings (Namibia) Limited

NMSE:LHN Stock Report

Market Cap: R2.5b

Letshego Holdings (Namibia) Balance Sheet Health

Financial Health criteria checks 2/6

Letshego Holdings (Namibia) has total assets of NAD6.7B and total equity of NAD2.8B. Total deposits are NAD1.0B, and total loans are NAD5.0B.

Key information

2.4x

Asset to equity ratio

n/a

Net interest margin

Total deposits

N$1.05b

Loan to deposit ratio

High

Bad loans

6.2%

Allowance for bad loans

Low

Current ratio

Low

Cash & equivalents

N$683.20m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: LHN's Assets to Equity ratio (2.4x) is low.

Allowance for Bad Loans: LHN has a low allowance for bad loans (14%).

Low Risk Liabilities: 74% of LHN's liabilities are made up of primarily higher risk sources of funding.

Loan Level: LHN has an appropriate level of Loans to Assets ratio (75%).

Low Risk Deposits: LHN's Loans to Deposits ratio (481%) is high.

Level of Bad Loans: LHN has a high level of bad loans (6.2%).


Discover healthy companies